Luggage can be described as bags or other objects that people use to store and transport their belongings safely. There are various types of luggages available such as plastic bags, jute bags, leather bags, backpacks, suitcases, among others. In terms of new brands and styles, the baggage market is expanding, giving consumers more alternatives than ev ..
Railways are seen as a more efficient and reliable mode of transportation for passengers and freight across longer distances, with fewer delays and breakdowns, resulting in shorter travel times. As a result, governments have increased funding for modernizing and updating the railway ecosystem in order to improve the railway network and reduce dependency on ..
China road transportation market is anticipated to reach US$1032.12 billion in 2027, growing at a CAGR of 6.33% during the period spanning 2023-2027. An increase in import and export of products and materials is expected to boost the road freight transport market during the forecast period. China’s road transportation market can be segmented as follows: Full-truck-load (FTL), Less-than-truckl ..
The global electric bus market is forecasted to reach US$64.32 billion in 2027, experiencing growth at a CAGR of 11.51% during the period spanning from 2023 to 2027. Growth in the global electric bus market was supported by factors such as rapid urbanization, increased oil prices, surge in air pollution, government initiatives and falling prices of batteries. However, the market growth is expec ..
US Equipment Rental Market (Construction & Industrial, General Tools and Party & Event Equipment): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)
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The U.S. equipment rental market is expected to record a value of US$68.52 billion in 2026, growing at a CAGR of 5.47%, for the time period of 2022-2026. Th ..
China road transportation market is anticipated to reach US$970.67 billion in 2026, growing at a CAGR of 633% during the period spanning 2022-2026. An increase in import and export of products and materials is expected to boost the road freight transport market during the forecast period. China’s road transportation market can be segmented as follows: Full-truck-load (FTL), Less-than-truckloa ..
North America packaging market is forecasted to reach US$231.9 billion, growing at a CAGR of 2.50%, for the period 2022-2026. Factors such as rising demand for cosmetics, growing sales of entertainment equipment, accelerating consumption of single-use packaging, upsurge in goods exports and rapid urbanization would drive the growth of the market. However, the market growth would be challenged b ..
The global liquid carton market by value is forecasted to reach US$16.62 billion in 2025, experiencing growth at a CAGR of 3.10% during the period spanning from 2021 to 2025. Growth in the global liquid carton market has been supported by rising disposable income, increasing urban population, increased consumption of packaged beverages, growing health & wellness spending, convenience and di ..
The global sack paper market is expected to record a value of US$38.32 billion in 2025, rising at a CAGR of 4.39%, for the time period of 2021-2025. Factors such as expansion of biodegradable packaging industry, growth in grocery retail sales, upsurge in courier services, accelerating demand for agricultural fertilizer, rapid urbanization and growing public awareness about the hazards of single ..
The global contract logistics market is forecasted to reach US$315.67 billion in 2025, growing at a CAGR of 5.45% for the period spanning from 2021 to 2025.
Factors such as growing e-commerce industry, increasing food and beverages demand, improving consumer confidence index, rising urbanization levels and rising focus on green supply chain are expected to drive the market growth. However ..